Pickaway County Property Tax Rates
Here is the table of Pickaway County Property Tax rates: | Tax | Rate per $100 Assessed Value | | --- | --------------------------- | | County | $1.05 | | City of Circleville | $2.25 | | Village of Ashville | $2.80 | | Village of New Holland | $2.15 | | Village of South Bloomfield | $3.00 |
Please note that these rates are subject to change and may vary based on specific property characteristics. As a tax advisor, it is important to stay up-to-date with any changes to local tax rates and regulations to ensure accurate advice for clients.
Example of Pickaway County Property Tax Calculation
In Pickaway County, property tax is calculated based on the assessed value of the property. To determine the assessed value, the county assessor will evaluate the property and take into account factors such as location, size, and condition.
Once the assessed value is determined, the tax rate is applied. In Pickaway County, the current tax rate is 1.224%. This means that for every $100 of assessed value, the property owner will owe $1.224 in taxes.
For example, if a property in Pickaway County has an assessed value of $100,000, the property owner will owe $1,224 in property taxes for the year ($100,000 divided by 100, multiplied by 1.224).
It is important to note that property taxes in Pickaway County are due twice a year, in January and July. Property owners should make sure to pay their taxes on time to avoid any penalties or interest charges.
If you want appeal your property tax assessment - contact your local tax assessor.
Who sets property tax rates in Pickaway County ?
In Pickaway County, property tax rates are set by the Pickaway County Budget Commission. This commission is made up of three members, including the county auditor, county treasurer, and a representative from the largest taxing district in the county.
The property tax rates are set annually and are based on the county's budget and need for revenue. These rates are then used to calculate property tax bills for each property owner in the county. Property taxes are due twice a year, on January 31 and July 31.
It's important for property owners in Pickaway County to understand how property tax rates are set and how they impact their taxes. Consulting with a tax advisor can help ensure that property owners are properly managing their tax obligations and taking advantage of any available tax breaks.
Homestead exemptions in Pickaway County ?
To help homeowners in Pickaway County, Ohio, understand the various Homestead exemptions and deductions available to them, the following table provides a comprehensive overview of the eligibility requirements, exemption amounts, and any other notable notes.
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Homestead Exemption | Owner-occupied primary residence | Up to $25,000 of assessed value | Must apply by the first Monday in June |
| Senior Citizen's Homestead Exemption | Owner must be 65 years or older | Up to $25,000 of assessed value | Must apply by the first Monday in June |
| Disabled Veteran's Exemption | Must be a veteran with a disability rating of at least 10% | Exemption amount varies based on disability rating | Must provide proof of disability |
| Disabled Person's Homestead Exemption | Must have a permanent disability and be receiving disability benefits | Up to $25,000 of assessed value | Must provide proof of disability and apply by the first Monday in June |
| Agricultural Use Valuation | Property must be used for agricultural purposes | Based on the Current Agricultural Use Value (CAUV) formula | Must apply by the first Monday in March |
It's important to note that homeowners can only receive one Homestead exemption or deduction at a time, and they must meet all eligibility requirements and provide any necessary documentation. Homeowners should also keep in mind that the exemption or deduction only applies to their primary residence and not any additional properties they may own.
When is Pickaway County Property Tax due ?
Pickaway County Property Tax Due Date and Payment Methods
Due Date:
Pickaway County property taxes are typically due on January 20th of the following year. For instance, property taxes for the year 2021 will be due on January 20, 2022.
Payment Methods:
There are several methods to pay your Pickaway County property taxes:
| Payment Method | Description |
|---|---|
| Online payment | You can pay your property taxes online by visiting the Pickaway County Treasurer's website. You will require the parcel number of your property to make the payment. You can pay using a credit card or an electronic check. |
| You can send your property tax payment by mail to the Pickaway County Treasurer's office. The payment must be postmarked by the due date. | |
| In-person | You can visit the Pickaway County Treasurer's office to pay your property taxes in person. The office is located at 207 South Court Street, Room 1, Circleville, Ohio, 43113. You can pay using cash, check, or credit card. |
| Drop-box | You can drop your property tax payment in the drop-box outside the Pickaway County Treasurer's office. The payment must be dropped by the due date. |
Please note that failure to pay your property taxes on time can result in late fees, penalties, and even legal action. It is recommended to pay your property taxes on time using one of the above payment methods.
If you have more questions - contact your local tax collector.
How is Pickaway County Property Tax penalty calculated ?
In Pickaway County, Ohio, property taxes are due on February 14th and July 13th of each year. If the taxes are not paid by the due date, a penalty will be added to the amount owed. The penalty is calculated based on the number of days the payment is late and the current interest rate.
The current interest rate for late property tax payments in Pickaway County is 10% per annum, which is broken down to a daily rate of 0.0274%. To calculate the penalty, you would use the following formula:
Penalty = (Amount Owed x Daily Interest Rate x Number of Days Late)
For example, if a property owner owes $5,000 in property taxes and misses the February 14th due date by 30 days, the penalty would be calculated as follows:
Penalty = ($5,000 x 0.000274 x 30) = $41.10
Therefore, the total amount owed with the penalty would be $5,041.10.
It's important to note that the penalty will continue to accrue for each day the payment is late, so it's best to pay property taxes on time to avoid additional fees.
We recommend contacting the Pickaway County Tax Office or a local tax professional for the most up-to-date and accurate information.